Top Nigerian filmmaker, Kunle Afolayan, is worried about the rising cost of diesel in Nigeria, disclosing that he spent about eleven million naira within one month to power operations at his creative facility, KAP Village.
Afolayan, who made this known in a video online, described the current cost of diesel as unsustainable for many businesses operating in the country, adding that he had spent 11 million naira over a period of about 4 to 5 weeks to keep activities running at his creative production hub.
Diesel prices have increased significantly in recent months, with the fuel now selling for around ₦1,500 per litre in many parts of Nigeria.
The movie director noted that the sudden increase is placing a heavy burden on businesses that depend on generators because of the country’s unstable electricity supply.
“I have been really worried because I cannot keep up with diesel selling at about ₦1,500 per litre. In just about four to five weeks, we spent roughly ₦11 million on diesel alone at KAP Village,” Afolayan said.
”Despite installing solar power systems at my facility, operating costs are still high for me, ” he added.
Kunle Afolayan who recently released the second series of Aníkúlápó appealed to banks, financial institutions and government agencies to support businesses by providing accessible loans that would enable them to expand renewable energy infrastructure as improved access to funding would allow companies to upgrade solar power systems and reduce dependence on diesel generators.
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